Tim Noest Quotes
The threat is fresh and direct, and therefore significant to the ongoing stability of the oil-rich region. The light, sweet Nigerian crude grade that could be affected is also highly attractive.
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Threat | Fresh | Direct | Significant | Ongoing |
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If it doesn't get there, prices will rise again. They may not be able to find the ships.
- Tim Noest
Wilma has very quickly strengthened to a storm with winds of 175 miles per hour -- that's stronger than Katrina and Rita. Although it's not on course to hit oil platforms, it's still a few days away and if there's a slight change in course to the west, markets will jump aggressively higher.
- Tim Noest
